6 . James received a 1099 - INT reporting $14 090 in interest income from the Bank of America NA . Jean cashed a jointly owned US EE Savings Bond at the Bank of America on May End She had a basis of $50 in the bond and received a total of $105 in the transaction . James owned several municipal bonds issued by the City of Dallas . He received a 1099 INT reporting a total of $72 in interest income on these